XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income:        
Interest income $ 26,166,621 $ 16,391,059 $ 51,619,359 $ 30,548,332
Dividend income 1,142,016 50,067 1,818,884 54,713
Other income 133,227 56,115 189,122 149,155
Total investment income from non-controlled, non-affiliated investments 27,441,864 16,497,241 53,627,365 30,752,200
Total Investment Income 27,441,864 16,497,241 53,627,365 30,752,200
Expenses:        
Interest expense 10,874,884 4,428,234 21,197,013 7,579,246
Management fees 2,046,014 2,197,833 3,958,241 4,455,795
Professional fees 207,282 139,978 419,276 278,418
Directors fees 18,699 18,699 37,192 37,192
Other general and administrative expenses 350,618 437,693 717,624 738,420
Total Expenses 13,497,497 7,222,437 26,329,346 13,089,071
Less: Management fee waiver (Note 3) (255,752) (274,729) (494,780) (556,974)
Net expenses 13,241,745 6,947,708 25,834,566 12,532,097
Net Investment Income (Loss) 14,200,119 9,549,533 27,792,799 18,220,103
Net realized gains (losses):        
Non-controlled, non-affiliated investments (2,570) (486,754) (320,015) (856,624)
Total net realized gains (losses) (2,570) (486,754) (320,015) (856,624)
Net change in unrealized gains (losses):        
Non-controlled, non-affiliated investments 9,743,113 (74,394,896) 24,556,200 (86,126,397)
Total net change in unrealized gains (losses) 9,743,113 (74,394,896) 24,556,200 (86,126,397)
Total realized and unrealized gains (losses) 9,740,543 (74,881,650) 24,236,185 (86,983,021)
Net Increase (Decrease) in Net Assets Resulting from Operations $ 23,940,662 $ (65,332,117) $ 52,028,984 $ (68,762,918)
Per Common Share Data:        
Basic and diluted net investment income per common share (in Dollars per share) $ 0.56 $ 0.42 $ 1.11 $ 0.8
Basic and diluted net increase (decrease) in net assets resulting from operations (in Dollars per share) $ 0.94 $ (2.85) $ 2.08 $ (3.01)
Weighted Average Common Shares Outstanding - Basic and Diluted (in Shares) 25,453,970 22,932,390 25,025,158 22,870,423